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Hard to know whether this is real, but lawmakers and the governor keep saying that they're near a deal on the budget - perhaps as early as tonight. Assembly Speaker Karen Bass says they're just several hundred million dollars apart, which given the $26 billion deficit doesn't seem like that much. We'll see. (AP)
*Check that - Budget talks broke off late last night. Education cuts seem to be the big stumbling block. (LAT)
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.